Comments from Norway’s central bank, Norges Bank, made gains for the Krone against Euro. “Key interest rates should be increased to a “more normal level”, according to Norges Bank.
They have seen increased economic activity among the major trading partners, such as Germany and Sweden the latest months. Inflation remains stable below 2.5 % and interest rates were kept still at 2 %.
Analysts expects gains in Norwegian interest rates
However, currency analysts expect Norway to increase interest rates earlier than previously (more…)